Tan Chong Motor makes US$50mil foray into Myanmar

Tan Chong Motor Holdings Bhd (TCMH) is making its foray into Myanmar to manufacture and market vehicles there and this would involve an investment of US$50mil. TCMH said on Friday its Labuan incorporated subsidiary, ETCM (MM) Pte Ltd, has received a permit from the Myanmar Investment Commission to manufacture and sell vehicle in the country’s […]